v3.21.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues, net of allowances        
Total revenues, net of allowances $ 17,215,938 $ 16,663,389 $ 45,351,558 $ 27,412,547
Cost of Goods Sold        
Total cost of goods sold 11,771,315 9,834,009 31,479,176 16,537,654
Gross profit 5,444,623 6,829,380 13,872,382 10,874,893
Operating expenses:        
Selling, general and administrative expenses 15,242,780 5,703,676 33,904,958 14,727,242
Research and development 1,610,671 789,890 4,588,781 1,496,129
Total operating expenses 16,853,451 6,493,566 38,493,739 16,223,371
Income (loss) from operations (11,408,828) 335,814 (24,621,357) (5,348,478)
Other income (expense)        
Warrant issuance costs (588,221) 0 (588,221) 0
Change in fair value of warrant liabilities 2,902,342 0 2,902,342 0
Interest expense 0 (214,979) (263,555) (804,504)
Total other income (expense) 2,314,121 (214,979) 2,050,566 (804,504)
Net income (loss) (9,094,707) 120,835 (22,570,791) (6,152,982)
Redemption of Series D Preferred Stock deemed dividend 0 0 0 (1,295,294)
Net income (loss) attributable to common stockholders $ (9,094,707) $ 120,835 $ (22,570,791) $ (7,448,276)
Basic and diluted net income (loss) per share attributed to common stockholders        
Basic and diluted net income (loss) per common share $ (0.07) $ 0.00 $ (0.25) $ (0.32)
Basic and diluted weighted average common shares outstanding 122,060,087 38,414,631 90,619,171 23,154,481
Metal goods [Member]        
Revenues, net of allowances        
Total revenues, net of allowances $ 8,078,180 $ 5,368,015 $ 18,130,530 $ 10,824,861
Cost of Goods Sold        
Total cost of goods sold 6,419,003 3,136,146 13,680,028 6,871,998
Soft goods [Member]        
Revenues, net of allowances        
Total revenues, net of allowances 9,137,758 11,295,374 27,221,028 16,587,686
Cost of Goods Sold        
Total cost of goods sold $ 5,352,312 $ 6,697,863 $ 17,799,148 $ 9,665,656

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